Trump victory raises questions over future of FSOC

Risk USA: former FSOC official cautions against scrapping supervisory council

Donald Trump
Donald Trump, US president-elect

The future of the Financial Stability Oversight Council (FSOC) could be in doubt, following Donald Trump's election victory, even though it "does not make any sense" to scrap the supervisory authority, a former executive director of the body has warned.

"I worry that some of the efforts over the last seven or eight years since the crisis – as another administration comes in – and with the crisis receding in the rear-view mirror, the temptation grows to roll back some of these reforms. There are

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